Remove Forecast Remove Grid Remove Wind
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Study finds GWP of electrolyzed hydrogen to meet ORD’s fuel needs would be 2.5x that of fossil fuels with 2020 grid mix

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Phil Ansell, an aerospace engineer at the University of Illinois Urbana-Champaign, modeled the life cycle carbon dioxide equivalent emissions of liquid hydrogen production required to meet the fuel needs of Chicago’s O’Hare International Airport (ORD) with today’s electric grid mix.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). This is a new era of dispatchable renewables, based on new contract structures between developer and grid.

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Hitachi Energy launches an AI tool to revolutionize renewable energy forecasting

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Photo by AS Photography on Pexels.com Hitachi Energy debuts Nostradamus AI , which delivers fast, accurate renewable energy forecasts, load predictions, and market pricing insights. Nostradamus AI is one of the first AI forecasting tools designed specifically for the energy sector. Let us know in the comments section below.

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IBM introduces new wind and solar forecasting system for utilities; big data analytics and weather modeling to predict output

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The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy. This will enable utilities to integrate more renewable energy into the power grid, the company says. This project contributes to China’s 5-year plan to reduce its reliance on fossil fuels.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. trillion of that going to wind and solar and a further $1.5 NEO 2018 sees $11.5 trillion to other zero-carbon technologies such as hydro and nuclear.

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California Energy Commission awards nearly $400,000 to UC Davis for wind forecasting for grid operator

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The California Energy Commission has awarded $398,662 to the University of California, Davis to develop a forecasting tool that can be used by the state’s grid operator to respond to sudden changes in wind power production.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.